Hh pt green-dlt slides claudio-rev
- 1. The future of clean energy is on a green public ledger April 2021 Jiro Olcott ⨠CTO ⢠Power Transition, Ltd
- 2. The Carbon Free Group Guard Global Power Transition Hedera Hashgraph ⢠Zero-Carbon Construction ⢠Renewable Energy Technology ⢠Sustainable Development Consulting ⢠Full-stack Software Development ⢠Databases & Structured Data Reporting ⢠DLT-Blockchain Technologies ⢠3rd Generation DLT ⢠SDK/HCS/HTS/MirrorNet ⢠Stable, Ultra Low Cost Microtransactions ⢠Stability, security, efficiency, governance ⢠Micro/Mini Grids â˘Virtual Power Plants â˘Tokenised Energy Economy â˘Electric Vehicle Networks 2018 Green: DLT Partnership
- 3. The Green-DLT: ⢠Create the Trust Layer of the Digital Energy Economy ⢠Develop World Class Dapps Empowering Sustainable Commercial Opportunities over an Enterprise Grade Network ⢠The Green-DLT must include: ⢠Energy efficiency ⢠Low and stable cost to run ⢠Strong governance ⢠Socially inclusive service ⢠Transparently report overall economic impacts by integrating financial and non-financial values Our Mission
- 4. 708 79 0.0008 Ethereum: 900,000/ tx ⨠more than Hedera Bitcoin: uses a 8.7 million/tx ⨠more than Hedera. Energy Use Per Transaction Ethereum: 3,600 costlier ⨠than Hedera / tx Bitcoin: 16,000 costlier ⨠than Hedera / tx Cost Per Transaction Hedera is 700 times ⨠faster than Ethereum Hedera is 3,330 times ⨠faster than Bitcoin Speed of Transaction Why Hedera Hashgraph: Speed & Efficiency
- 5. ⢠Decentralised Governance ⢠Stability ⢠Mathematically proven enterprise-grade security ⢠Avoidance of Price Volatility & Value Concentration ⢠Proof of Stake (PoS) vs. Proof of Work (PoW) ⢠Always Fair ⢠Energy efficiency and long-term sustainability ⢠Holding decentralised value vs. an enterprise grade network running mission critical applications? Why Hedera Hashgraph: Security, Governance and Stability
- 6. ⢠Network selection criteria ⢠Planning to report DLT-Blockchain/Cryptocurrency investments: ⢠Vote by miners running mining pools? ⢠Hedera Governing Council Members? ⢠Bitcoin and other cryptocurrency investments by corporate treasuries ⢠How much trading ⢠Reporting of energy consumption into SDG reporting? Why Hedera Hashgraph: Accountability & Reporting
- 7. Affordable, stable micropayments - even for those without bank accounts Create renewable energy based microgrids in impoverished communities Hedera Governing Council all have strong Sustainable Development Policies in place Quantitative reporting of UN Sustainable Development Goals Lowest energy consumption of all major public networks UNGC 3-Pillars of Sustainable Development
- 8. ⢠Renewable Energy Certification ⢠Quantitative CO2e reduction with reporting/trading/auction ⢠Evolution of energy democratisation ⢠Support evolution of decentralised energy networks ⢠Inclusion of those without bank account to afford electricity Green-DLT: Our work with HCS + Mirror Node + HTS
- 9. Microgrid Manager provides: ⢠SET Banking and Accounting Facility ⢠Energy Aggregation & Brokerage Service All Domestic and Commercial customers buy and sell energy using HTS SET: ⢠Fully fungible ⢠Tethered directly to local currency Peer:* ⢠DNO/DSO ⢠DER ⢠Aggregator ⢠ESO ⢠Commercial/Domestic Prosumer Microgrid VPP Model using HTS Smart Energy Tokens (SET) Peer 1* Peer 2 Peer 3 TT SET TT SET TT SET Microgrid ⨠VPP ⨠Manager TT SET TT SET TT SET Peer 4 Peer 5 Peer 6
- 10. DLT: IoT Integration Renewable Energy Generation & Demand Sites Energy Service Value Chain Participants Solar/Wind Generation Inverters Battery/ Thermal Storage Smart Meters Heat Pumps EV Charging PT-DEC IoT â DLT Controller ⢠Smart Meter Data: Import/Export ⢠BMS & Sub-Meter data ⢠DER Asset Registration and Geolocation ⢠Total Site: Generation, ⨠Consumption, Grid Purchased ⢠Demand Control ⢠Weather data: ⨠real time & predictive ⢠Site Flex Capacity ⢠CO2eq emissions ⢠Renewable Energy Certification ⢠EV Charge Availability/Access ⢠Air Quality - NOx, SOx etc. Smart ⨠Energy ⨠Tokens Real-Time ⨠Data Feeds Global DLT Network Distributed Energy Services Microgrid Manager Reporting ⨠& Governance EV Charging Networks Energy Trading Network Support Commercial ⨠& Domestic Microgrid ⨠Services Operators Market Data Services